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Frontera Grill 214 Huttleston Ave

6,185 SF Retail Building Fairhaven, MA 02719 £1,760,513 (£285/SF) 6.67% Net Initial Yield

Investment Highlights

  • Nine (9) Years of Lease Term Remaining | Minimal Landlord Responsibilities
  • Large Lot | 1.33 Acres | 76 Parking Spaces
  • Extremely Attractive Three Percent (3%) Annual Increases in Frontera Lease | Strong Hedge Against Inflation

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Frontera Grill located at 214 Huttleston Ave in Fairhaven, MA. The site consists of roughly 6,185 rentable square feet of building space on estimated 1.33-acre parcel of land. This Frontera Grill has nine (9) years of term remaining on it’s double-net lease. The current annual rent is $150,049 and is scheduled to increase by 3% annually throughout the base term and in each of the 2, 5-year renewal options.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,185 SF
Building Class
B
Year Built
2002
Price
£1,760,513
Price Per SF
£285
Net Initial Yield
6.67%
NOI
£117,406
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Land Acres
1.33 AC
Zoning
RA - Low Density residential
Frontage
328 ft on Huttleston Avenue

Amenities

  • Signage
1 of 1
214 Huttleston Ave, Fairhaven, MA - aerial map view

PROPERTY TAXES

Parcel Numbers
Multiple
  • FAIR-000030A-000000-000091
  • FAIR-000030A-000000-000091A
 Improvements Assessment £1,496,983
Land Assessment £1,264,517 Total Assessment £2,761,501

PROPERTY TAXES

Parcel Numbers
Multiple
  • FAIR-000030A-000000-000091
  • FAIR-000030A-000000-000091A
Land Assessment
£1,264,517
Improvements Assessment
£1,496,983
Total Assessment
£2,761,501
(332) 345-4222

  • Listing ID: 33583150

  • Date on Market: 21/10/2024

  • Last Updated:

  • Address: 214 Huttleston Ave, Fairhaven, MA 02719

The Retail Property at 214 Huttleston Ave, Fairhaven, MA 02719 is currently available For Sale. Contact NNN Pro Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

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214 Huttleston Ave, Fairhaven, MA for sale Building Photo- Image 1 of 3
214 Huttleston Ave, Fairhaven, MA - Main
214 Huttleston Ave, Fairhaven, MA for sale Aerial- Image 2 of 3
214 Huttleston Ave, Fairhaven, MA - ariel

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© 2024 CoStar Group

Frontera Grill | 214 Huttleston Ave
(332) 345-4222 x

Frontera Grill | 214 Huttleston Ave

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Glen Kunofsky

(332) 345-4222

(332) 345-4222

Josh Kanter

(617) 865-1145

(617) 865-1145

Stewart Hickey

(332) 345-2408

(332) 345-2408

Anthony D'Ambrosia

(203) 887-8797

(203) 887-8797

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